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Updated over 11 years ago on . Most recent reply
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Any takers willing to analyze my SFH deal?
It is a bit like asking for cleanup after the bull has been in the china shop (we are in underwriting) but a quick analysis of the deal would be appreciated!
1898 Craftsman home, 3/1 SFH on a triple sized lot (3rd of an acre) Three car garage. Built like a tank according to the inspector - just needs some tlc.
$64,000 Purchase price, $20,000 in renovations being done.
Total loan of about $84,000. Loan pmt is approx $550 with taxes/ins
ARV is $133,000. Previously purchased 6 years ago for $150,000
Will rent for $1000-1300?
So did I stab myself if the foot with this one?